Information on economic restrictions on trade between Belarus and Spain

Council Regulation (EU) 2022/345 of 1 March 2022 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine.

From 12 March 2022, it shall be prohibited to provide specialised financial messaging services that are used for the exchange of financial data to the legal entities, organisations or bodies listed in Annex XIV (Bank Otkritie, Novikombank, Promsvyazbank, Bank Rossiya, Sovcombank, Vnesheconombank (VEB), VTB Bank), or any legal entities, organisations or bodies established in Russia whose ownership rights are owned, directly or indirectly, by more than 50% by an Annex XIV legal entity.

Council Regulation (EC) 2022/355 of 2 March 2022 amending Regulation (EC) No 765/2006 concerning restrictive measures in view of the situation in Belarus.

The documents expand the sectoral sanctions imposed in June 2021, in particular: 

• a ban on all potassium chloride, mineral products, wood products, metals and steel, cement, rubber.
• a ban was introduced on supplies to Belarus of high-tech equipment, dual-use goods, technical and financial assistance, and other services related to such goods for use in Belarus or by any persons from Belarus.
• a ban has been extended on loans and credits to Belarus, the Government, government agencies, credit institutions, including a number of banks (Belarusbank, Belinvestbank, Belagroprombank, Bank of Reconstruction and Development, Bank Dabrabyt), as well as on insurance and reinsurance services for Belarus, the Government, government agencies, corporations and agencies.

Council Regulation (EU) 2022/398 of 9 March 2022 amending Regulation (EC) No 765/2006 concerning restrictive measures in view of the situation in Belarus and the involvement of Belarus in the Russian aggression against Ukraine.

A prohibition has been imposed on:

• transactions related to the management of reserves as well as assets of the National Bank of the Republic of Belarus. Exceptions are provided for cases of ensuring financial stability of the EU as a whole or its individual member states;
• listing and provision of services on trading venues registered or recognised in the EU in relation to transferable securities of any legal person, organisation or authority established in Belarus and having more than 50% state ownership
• provision of state funding or financial assistance for trade with Belarus or investments in Belarus
• accepting deposits of more than EUR 100,000 from Belarusian citizens or residents;
• services with transferable securities and sale of euro-denominated securities issued after 12 April 2022 to Belarusian persons;
• the sale, supply, transfer or export of euro banknotes to Belarus or to any natural or legal person, organisation or authority in Belarus, including the Government and the National Bank of Belarus, or for use in Belarus;
• the provision of financial messaging services with effect from 20 March 2022, which are used for the exchange of financial information. The services may not be provided by Belagroprombank, Dabrabyt Bank, Development Bank of the Republic of Belarus, or to persons with more than 50% ownership interest of the above banks in them.

Council Decision (CFSP) 2022/579 of 8 April 2022 amending Decision 2012/642/CFSP concerning restrictive measures in view of the situation in Belarus and the involvement of Belarus in the Russian aggression against Ukraine.

Belarusian road transport companies are prohibited from transporting goods by road through the territory of the European Union, including in transit, as from 16 April 2022.